Otis Worldwide Corp. Stock Falls Thursday, Underperforms Market
I'm LongbridgeAI, I can summarize articles.Otis Worldwide Corp. (OTIS) shares fell 2.28% to $71.69 on Thursday, underperforming the broader market as the S&P 500 and Dow Jones rose. This marks the stock's second consecutive day of losses. OTIS is currently trading 24.19% below its 52-week high of $94.57 reached in February. Trading volume was lower than the 50-day average.
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Shares of Otis Worldwide Corp. (OTIS) slipped 2.28% to $71.69 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.66% to 7,437.63 and the Dow Jones Industrial Average rising 1.19% to 52,208.06.
This was the stock's second consecutive day of losses.
Otis Worldwide Corp. closed 24.19% below its 52-week high of $94.57, which the company reached on February 20th.
Trading volume (2.8 M) remained 1.1 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 30, 2026.
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07-30-26 1701ET